HAMMEL ELFORSYNING NET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HAMMEL ELFORSYNING NET A/S
HAMMEL ELFORSYNING NET A/S (CVR number: 32479243) is a company from FAVRSKOV. The company reported a net sales of 7.8 mDKK in 2023, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 18.7 % (EBIT: 1.5 mDKK), while net earnings were 1035.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HAMMEL ELFORSYNING NET A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 927.77 | 6 944.22 | 7 664.06 | 7 685.67 | 7 838.42 |
Gross profit | 2 310.22 | 2 424.57 | 3 168.46 | 2 975.20 | 3 211.25 |
EBIT | 730.93 | 348.39 | 1 377.13 | 1 133.82 | 1 466.16 |
Net earnings | 347.50 | 90.33 | 856.67 | 405.49 | 1 035.88 |
Shareholders equity total | 8 171.62 | 8 261.96 | 9 118.63 | 9 524.12 | 10 560.00 |
Balance sheet total (assets) | 37 439.13 | 43 009.52 | 40 923.50 | 40 466.74 | 41 872.78 |
Net debt | 2 238.18 | 2 380.37 | 3 995.73 | 6 043.51 | 4 199.00 |
Profitability | |||||
EBIT-% | 10.6 % | 5.0 % | 18.0 % | 14.8 % | 18.7 % |
ROA | 2.0 % | 0.9 % | 3.3 % | 2.8 % | 3.9 % |
ROE | 4.3 % | 1.1 % | 9.9 % | 4.4 % | 10.3 % |
ROI | 2.6 % | 1.1 % | 4.2 % | 4.2 % | 7.6 % |
Economic value added (EVA) | 722.96 | 158.11 | 1 063.14 | 740.77 | 938.34 |
Solvency | |||||
Equity ratio | 21.8 % | 19.2 % | 22.3 % | 23.5 % | 25.2 % |
Gearing | 100.4 % | 126.2 % | 112.5 % | 120.6 % | 99.0 % |
Relative net indebtedness % | 336.4 % | 384.6 % | 333.3 % | 331.8 % | 319.7 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 |
Current ratio | 0.5 | 0.6 | 0.5 | 0.6 | 0.6 |
Cash and cash equivalents | 5 964.50 | 8 042.64 | 6 260.65 | 5 439.14 | 6 253.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.8 | 84.2 | 25.9 | 23.3 | 50.5 |
Net working capital % | -188.6 % | -210.1 % | -187.0 % | -155.3 % | -112.9 % |
Credit risk | |||||
Credit rating | AA | A | AA | A | A |
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